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Ethereum price analysis – Heading towards $850 – DIGIT INFO

Ethereum price analysis – Heading towards $850

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  Ethereum price continued rising along the uptrend line that has been evident since the second week of April, to score a day high of $770 during Thursday’s trading sessions so far. The market’s bulls managed to break through the resistance around $713.24 on Wednesday, as we expected during our previous Ethereum price analysis. Chances are high that we can see the price of ether continue rising, especially that the next significant resistance lies around $849.08, as we will see later during our analysis. However, can we expect a downwards price correction attempt to occur, before the market’s bulls can

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